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...since gone on to found Cuil (pronounced Cool), one of the many smaller search start-ups in Google's shadow. "It's the first time you have someone with deep pockets that's willing to lose money in order to compete with Google, and they're willing to stick with it over the long term." (See the top 10 Microsoft moments...

Author: /time Magazine | Title: Can Microsoft's Bing, or Anyone, Seriously Challenge Google? | 8/31/2009 | See Source »

Though I do want to stick with the name death panel, we will handle all forms of medicine, including plastic surgery. Michelle Pfeiffer and Demi Moore, yes; Joan Rivers, no. And while there will be a lot fewer MRIs covered, hair-waxing will be free. We will be able to afford that because much of the cost of health care will be offset by selling the television rights to our panel. If ratings lag, I am fully prepared to appoint Paula Abdul, although I'm aware that this might raise our prescription-drug costs. (See pictures of facial yoga...

Author: /time Magazine | Title: Joel Stein: If I Ran the Death Panels | 8/31/2009 | See Source »

...trophy business, which is mind-boggling: on the unnecessary-expenditure scale, a keepsake for the winner of a fantasy league is off the charts. One site, TheUltimateTrophy.com just shipped an $800 prize to a fantasy-league commissioner. "Part of the jollies of fantasy sports is you get to stick it in the face of your buddies," says Tom Harkins, president of FantasySportsTrophies.com whose sales have risen 50% during the downturn. "That trophy says, I know more than you." It also says, I know how to spend money on stupid stuff...

Author: /time Magazine | Title: Fantasy Football: Is It Going to Our Heads? | 8/31/2009 | See Source »

...used to be, when we wanted to use public policy to nudge private behavior, we poked people with a stick: 40 years of issuing health warnings couldn't reduce smoking as much as hiking taxes so that a pack can cost upwards of $9. But nowadays, Congress would much rather reward than penalize, and bribery as policy has a modern elegance to it. Cash for Clunkers didn't involve intricate algorithms or a 1,400-page appropriations bill. The only debate was over how much sugar was needed to sweeten the pot. That first billion was supposed to last...

Author: /time Magazine | Title: Cash for Clunkers: The Bribery Stimulus | 8/27/2009 | See Source »

...pointed out, the index that bears his name has shown signs of turning a corner in the past. In early 2008, the rate of monthly home-price declines started dropping (that is, the housing situation looked to be moving from really bad to less bad). That momentum didn't stick, though, owing to the broader economic downturn. This time around, a first-time homebuyer tax credit is giving a huge boost to the market - nearly a third of buyers now fall into that camp. If the feds don't extend that tax credit when it sunsets...

Author: /time Magazine | Title: The Housing Market: Has It Turned the Corner? | 8/26/2009 | See Source »

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